It’s a good rule of thumb: the ember months are a good time to buy a home, the markets begin to cool off, sales are starting to go slow. In November, as the holiday season approaches, few people focus on buying a home. So, this could be the best time to start looking to buy a home in the ember months. Here are some reasons why this controversial decision can make sense when buying a house.
Agents are more motivated to sell to those ready to buy a home
Many buying a house sign up to buy a home in the spring or summer when the buy property season is high. However, if their home is in the fall or winter market, chances are the seller is ready to sell the house fast. They may have difficulty coping with big changes in their life or the home may not find a buyer during the peak time. After all, the owner will be open to sell the house fast – a good reason to buy properties when the demand is low.
Another time to think
During the peak period, the bidding war was supposed to come quickly – but as home did not sell during the peak period, it is less likely you will be competing with a lot of people who wants to buy a home in the ember months. You can take the opportunity to meet an agent who wants to sell his house fast. Be sure to make down payment on a house at this time to secure the cheap house for sale.
You will get to buy a home at the best price in the ember months
Now real estate agents and lenders mostly have slow business – and they may be ready to get some of their abandoned homes for sale cheap in order to close the deal. Buy and don’t be afraid to negotiate interest rates, points, or down payments. You can make the deal more favorable for yourself.